German Industrial Production Unexpectedly Declined in April
German industrial production unexpectedly declined for the first time in four months in April, led by a drop in construction output.
BusinessWeek.com — Finance
German industrial production unexpectedly declined for the first time in four months in April, led by a drop in construction output.
BusinessWeek.com — Finance
Factory orders in Germany, Europe’s largest economy, rebounded in April from a slump in the previous month, led by stronger demand for investment goods.
BusinessWeek.com — Finance
The U.S. trade deficit probably widened in April to a 10-month high, reflecting higher crude oil costs that have since retreated, economists said before a report this week.
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U.K. mortgage approvals fell in April to the lowest in four months as rising jobless claims undermined consumer confidence and an extra public holiday for the royal wedding slowed house purchases.
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Money-supply growth, which the European Central Bank uses as a gauge of future inflation, weakened in April as the region grappled with a debt crisis.
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Consumer spending probably cooled in April as higher food and fuel prices forced Americans to cut back on other items, economists said a government report this week will show.
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U.K. unemployment claims rose in April at the fastest pace since January 2010, underlining the fragility of the economic recovery as government spending cuts and accelerating inflation sap consumer confidence.
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Prices of goods imported into the U.S. rose more than forecast in April, driven by gains in fuel and food that may put pressure on some companies to raise prices.
BusinessWeek.com — Finance